Axel Wenner-Gren
Swedish businessman
Axel Wenner-Gren
Axel Lennart Wenner-Gren was a Swedish entrepreneur and one of the wealthiest men in the world during the 1930s.
Biography
Axel Wenner-Gren's personal information overview.
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SAAB รถดีที่ไม่มีใครเหลียวแล (ตอนที่1) - ไทยรัฐ
Google News - over 5 years
1937 ผู้ที่มีบทบาทสำคัญในการกระตุ้นโครงการให้รุดหน้าก็คือกลุ่มนักการเงินการธนาคารของสวีเดน โดยทำการแต่งตั้ง Axel Wenner-Gren เป็นประธานบริหารด้วยทุนจดทะเบียน 4 ล้านโครเนอร์ สถานที่ก่อสร้างโรงงานผลิตอากาศยานของบริษัท Saab คือทุ่งนาทางตอนเหนือของเมือง
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Google News article
Inicia Electrolux en México licenciamiento de marcas, Rickard aquí y 6 ... - El Universal.mx
Google News - almost 6 years
Electrolux que preside Keith R. McLoughlin es una multinacional cuyos orígenes se remontan a 1908 cuando su fundador Axel Wenner-Gren dio los primeros pasos para manufacturar aspiradoras. Con 52 mil empleados, hoy está en 150 países a donde vende 40
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In Seattle, a Dream From the Past Has a Hazy Future
NYTimes - over 10 years
Before the breakdowns and the budget problems it was a fantasy made real, a declaration of the new arriving overhead in a whisper of white noise. A Swede dreamed it up. Germans helped build it. American tourists flocked when it opened here in 1962 for the World's Fair. Even Elvis rode it. And during the four decades after the fair, the Seattle
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NYTimes article
A LORD, A KING AND A COMMONER
NYTimes - over 35 years
DUCHESS The Story of Wallis Warfield Windsor. By Stephen Birmingham. Illustrated. 344 pp. Boston: Little, Brown & Company. $15.95. THE KING OVER THE WATER By Michael Pye. Illustrated. 304 pp. New York: Holt, Rinehart & Winston. $12.95. MORE than 50 years ago the English journalist Sir John Foster Fraser suggested that Americans became so frenzied
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NYTimes article
Timeline
Learn about memorable moments in the evolution of Axel Wenner-Gren
    LATE_ADULTHOOD
  • 1961
    Age 79
    Died in 1961.
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  • 1959
    Age 77
    Among Wenner-Gren's other interests were monorail train systems. His company, ALWEG, built the original Disneyland Monorail System in 1959 and the Seattle Center Monorail in 1962.
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  • 1952
    Age 70
    In November 1952, Wenner-Gren helped the company to incorporate.
    More Details Hide Details He soon controlled the company and renamed it ALWAC (the Axel L. Wenner-Gren Automatic Computer). The model ALWAC II was shipped in June 1954 and model III in December 1955. In 1956 and 1957, the model ALWAC III-E was considered a competitor to the IBM 650, having fewer parts and good economy, but no more than 30 units seem to have been delivered. Soon after this, magnetic drum machines were made obsolete by the introduction of the magnetic core memory. By 1956 the number of employees tripled to over 300 and the company was relocated to an industrial park in Hawthorn, California. The appearance of the transistor in the electronics industry in 1957 was a financial shock for all vacuum tube computer makers and by 1958 ALWAC in Hawthorn closed and its employees, with the help of Wenner-Gren himself, were successful hired by Litton Industries and Autonetics and several smaller electronics companies. The follow-up ALWAC 800 was a failed design that never went beyond prototype, using not only core memory but also magnetic logic (a combination of semiconductor diodes and magnetic cores, cf. Hewitt Crane), and presold contracts nearly ruined the company. Development was transferred to Sweden in 1958. The next model, named Wegematic 1000, a slight upgrade of the III-E, was shipped in 1960. Only a dozen were delivered and half of them were give-aways to universities, including one unit for the Weizmann Institute in Israel.
  • FIFTIES
  • 1941
    Age 59
    In 1941, the endowment funded the Wenner-Gren Aeronautical Research Laboratory, now called the Wenner-Gren Laboratory at the University of Kentucky.
    More Details Hide Details The lab has since changed its focus to Biomedical Engineering. The Viking fund was later renamed the Wenner-Gren Foundation for Anthropological Research. On pp. 21–22, points to Leifland 1989 as conclusive evidence that Wenner-Gren's blacklisting was a miscarriage of justice).
    Wenner-Gren also founded and endowed The Viking Fund in 1941, an organization supporting anthropological research.
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  • 1940
    Age 58
    Wenner-Gren also diversified his interests into the ownership of newspapers, banks and arms manufacturers, and acquired many of the holdings of the disgraced safety-match tycoon Ivar Kreuger. In Mexico in the 1930s, he was in economic alliance with Maximino Ávila Camacho, strongman of the Mexican state of Puebla, whose brother Manuel Ávila Camacho became President of Mexico in 1940.
    More Details Hide Details Wenner-Gren was reported to be a friend of Hermann Göring, whose first wife was a Swede, and in the late 1930s convinced himself that he could avert the coming world war by acting as a conduit between Göring and the British and American governments. His efforts proved unsuccessful, with all parties regarding him as a self-promoting nuisance (perhaps unfairly), and, more to the point, one without much influence on the plans of the Nazi regime. A disconsolate Wenner-Gren retired to his estate in the Bahamas, Hog Island (now Paradise Island), where he resumed his friendship with the islands' governor, the Duke of Windsor. Early in the war his rumored friendship with Göring and the suspected German sympathies of the Duke led first the Americans and, following their lead, the British, to place him on an economic blacklist, enabling them to freeze his assets in Nassau. There proved to be little or no foundation to their suspicions that Wenner-Gren was a Nazi agent, notwithstanding the appearance of his steam yacht Southern Cross (the world's largest at the time) along with ships from the Allied Navies at the site of the sinking of the liner SS Athenia on the first day of the war. Wenner-Gren's yacht the Southern Cross rescued over three hundred survivors of the sinking and transferred some to nearby Allied ships and others continued to the U.S.
  • TWENTIES
  • 1909
    Age 27
    After what can only be described as a whirlwind romance, when the ship arrived at Southampton, they traveled to London where they married on December 14, 1909 before traveling on to Berlin where she was going to complete her studies.
    More Details Hide Details Wenner-Gren amassed a fortune from his early appreciation that the industrial vacuum cleaner could be adapted for domestic use. Soon after the First World War he persuaded the Swedish lighting company Electrolux, for which he then worked (securing the contract to floodlight the opening ceremony of the Panama Canal, among other successes), to buy the patent to a cleaner and to pay him for sales in company stock. By the early 1930s, Wenner-Gren was the owner of Electrolux, and the firm was a leading brand in both vacuum cleaner and refrigerator technology.
  • 1908
    Age 26
    While in Vienna in 1908 he saw the Santo vacuum cleaner in the shop of Gustaf Paalen who had exclusive rights to distribute them throughout Europe http://www.electroluxgroup.com/en/founding-an-international-company-666/.
    More Details Hide Details After initially failing to become a European distributor for the Santo vacuum cleaner in his own right, he entered into a partnership with Paalen, purchasing a twenty percent interest in the company. In late 1909, while returning from a trip to America on board a trans-Atlantic liner met Marguerite Gauntier Liggett who had been born on October 15, 1891 in Kansas City, Missouri. She was traveling with her sister Genevieve to Europe to complete her musical training as an opera singer.
    In 1908, he traveled to America where he learned about engines for agricultural use, returning to Europe the same year.
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  • 1904
    Age 22
    After some difficulty, he found work with the German subsidiary of Alfa Laval Separator where he developed skills as a salesman, before quitting in 1904 to work selling agricultural machinery near Stuttgart which, with financial support from his father, had become his first financial enterprise.
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  • 1902
    Age 20
    In 1902, at the age of 21, he left Sweden to further his studies in Germany.
    More Details Hide Details He first studied in the university town of Greifswald where he took some summer courses before moving on to Berlin where he studied at the Berliner Handelsakademie from which he graduated much sooner than usual.
  • CHILDHOOD
  • 1881
    Born
    He was born on 5 June 1881 in Uddevalla, a town on the west coast of Sweden.
    More Details Hide Details http://www.electroluxgroup.com/en/founding-an-international-company-666/ He was the fourth of six children (four girls and two boys) born to Leonard and the much younger Alice Wenner-Gren (née Albin), though only three of them grew to adulthood, Axel himself, his oldest sister Anna, and his younger brother Hugo. Having spent his school years in Uddevalla he moved to Gothenburg where he was employed for five years in the spice importing company of a maternal uncle. During this time, he learned English, French, and German at the local Berlitz school, and music at the local YMCA http://www.electroluxgroup.com/en/founding-an-international-company-666/.
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